Strategy underway to reshape the energy sector

The President of the Energetica Trade Union Federation, Ion Pisc, confirmed the information, while Videanu however declined to comment. The plan to reorganize the energy sector is not a new one. Former Economy Ministers Dan Ioan Popescu, Codrut Seres, and Varujan Vosganian also intended to establish one or several energy giants, but no project has been applied to date. The representatives of private energy companies indicated that the plan is a good one, but must be applied quickly and carefully. “It all depends on how this is applied, how the process is managed, how the companies are led, and who is involved,” said Business Development Manager of CEZ Romania, Doru Voicu. Furthermore, it remains to be seen whether this reorganization will still provide investment opportunities for private players, such as privatization or association processes.